Market revenue in 2023 | USD 9.9 million |
Market revenue in 2030 | USD 20.5 million |
Growth rate | 11.1% (CAGR from 2023 to 2030) |
Largest segment | Urinary incontinence |
Fastest growing segment | Sexual Dysfunction |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Urinary Incontinence, Neurodegenerative Disorders, Sexual Dysfunction |
Key market players worldwide | Zynex Inc, Verity Medical, InControl Medical, The Prometheus Group, Laborie Medical Technologies, Athena Feminine Technologies, INNOVO by Atlantic Therapeutics, Renovia |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pelvic floor electric stimulator market will help companies and investors design strategic landscapes.
Urinary incontinence was the largest segment with a revenue share of 82.83% in 2023. Horizon Databook has segmented the Germany pelvic floor electric stimulator market based on urinary incontinence, neurodegenerative disorders, sexual dysfunction covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of major market players, such as Thought Technology Ltd. and Medtronic is anticipated to create lucrative opportunities in Germany. In addition, increased healthcare expenditure and government support are expected to boost the market in Germany.
Key players are adopting various strategic initiatives, such as mergers & acquisitions, collaborations, and new product launches, to gain a competitive edge. For instance, in November 2022, Thought Technology Ltd. announced that it will be showcasing its MyOnyx rehab device at Medical Trade Fair held in Germany.
This device is primarily designed for pelvic muscle rehabilitation procedures. The presentation of products at a conference generates awareness about products, subsequently increasing the number of customers over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany pelvic floor electric stimulator market , including forecasts for subscribers. This country databook contains high-level insights into Germany pelvic floor electric stimulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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